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Santa Monica, Calif. — Prism Places has been selected to provide management services for Santa Monica Place, a 527,000-square-foot retail center in Santa Monica. Trigild was appointed the receiver of property in March 2025 after the center’s former owner, Macerich, defaulted on its $300 million loan in 2024.
Originally designed by Frank Gehry, the center — which underwent a $265 million renovation in 2010 — features a variety of stores such as Free People, Tesla, Nike, Rolex and Uniqlo.
Prism Places also manages Pasadena Commons, Paseo Nuevo in Santa Barbara and a retail portfolio on Rodeo Drive.